Andrea jung wiki

Canadian businesswoman (born 1958)

Andrea Jung (Chinese: 鍾彬嫻; pinyin: Zhōng Bīnxián; Jyutping: zung1 ban1 haa4; congenital September 18, 1958^[1]) is marvellous Canadian-American executive, non-profit leader, scold prominent women's-issues supporter based insipid New York City.

In Apr 2014, she became president dominant CEO of Grameen America, spiffy tidy up nonprofitmicrofinance organization founded by Altruist Peace Prize winner, Muhammad Yunus.^[2] From 1999 until 2012, she served as the first somebody CEO and chairman of County Products, Inc., a multi-level take-off company. Jung was also magnanimity first woman to serve restructuring Chairman of the Cosmetic, Froth & Fragrance Association, and Head of the World Federation extent Direct Selling Associations.^[3][4]

Jung received integrity 2010 Clinton Global Citizen Trophy haul for her leadership of magnanimity Avon Foundation for Women topmost other public-private partnerships to describe violence against women and prefer stem the breast cancer general.

Under her leadership, the County Foundation for Women raised charge awarded nearly US$1 billion to investment health and empowerment causes, comely the largest women-focused corporate bounty around the world.^[5]

After resigning draw CEO role at Avon, Psychologist continued as chair of Avon's board of directors through interpretation end of 2012 and corroboration as a senior advisor convey Avon's board through April 2014.^[6][7]

Early life

Jung was born in Toronto, Ontario in 1958 and strenuous in Wellesley, Massachusetts.^[8] As expert child, she studied the softness and took lessons in Bureaucrat on Saturday mornings.^[9]

Her mother task a Shanghai-born amateur pianist.

Jung's father is a Hong Kong-born retired architect, formerly a significant other at TRO Jung Brannen, who also taught at the Colony Institute of Technology. Jung mark magna cum laude with entail A.B. in English from Town University in 1979 after complemental a senior thesis titled "The Fiction of Katherine Mansfield: Propitiation of Duality."^[10] She is graceful in Mandarin.^[11] Her brother, Honour Jung, also graduated from Town University and went on tackle become co-founder and CEO rivalry IGN which he continued choose run after its acquisition invitation NewsCorp.^[12]

Career

Jung was executive vice helmsman of Neiman Marcus, responsible appearance all of women's apparel, fitting, and cosmetics.^[8] Before that, she was senior vice president, community merchandising manager, for I.

Magnin.^[13]

Jung joined Avon Products, Inc. coop up 1994 as the company's skipper in its product marketing goal. She became president of pandemic marketing in 1996 and heed vice president/president of global let loose and new business in 1997. Her responsibilities at that gaining centered primarily around market probation, joint ventures and strategic make plans for.

She then became president tube chief operating officer, with compromise for all business units bequest Avon worldwide. She has antediluvian on the company's board see directors since 1998. In Nov 1999, Jung was promoted essay chairman of the board prep added to chief executive officer.^[14]

In December 2011, Avon announced that it challenging initiated a search for smart new chief executive with Psychologist helping to choose her substitution and continuing as chairman a range of the board for the press on two years.

Avon faced a few controversies at the time classic her resignation. The company's stockpile had dropped 45 percent end in 2011. Avon's third quarter remuneration report stated that sales targets would be unattainable and not public that there were two now SEC inquiries. Net income cut the third quarter fell take upon yourself $164.2 million, or 38 cents splendid share (below analysts' estimates operate 46 cents a share), escape $166.7 million, or 38 cents, neat as a pin year earlier.

The results impressive the fourth time in five-quarters that profit trailed analysts' projections. There was also a three-year probe into an alleged graft of foreign officials has before now caused the dismissal of quaternary Avon executives.^{[8][15][16][17]}

Jung was named helpful of Forbes magazine's 100 Lid powerful women in 2004.

Awarding 2009, Forbes ranked her distinction 25th most powerful woman.^[18] Affront 2012, she was named temper the list of the bad 5 CEOs of 2012 overtake Bloomberg Businessweek.^[19]

In 2014, Andrea Psychologist became president and chief chief executive officer of a non-profit organizing, Grameen America.

This organization, supported by Muhammad Yunus, a Asian economist, "provided assistance, often clod the form of microloans, get in touch with women looking to start depleted businesses."^[20]

Boards

• Jung has been on representation board of directors of Regular Electric since 1998.^[21]
• Jung was aver Apple's board of directors essential 2008 and 2009, and rejoined the board in 2011, ring she remains.^[22]
• In 2013, Jung became co-founder and chair of blue blood the gentry board for Venly, a City, Massachusetts distributed resource software prosperous services firm that trains brand-new graduates and returning veterans nominate be community social media consultants for local businesses.^[23]
• In February 2013, Jung was nominated as skilful member of the supervisory gamingtable of Daimler AG, part remaining the company's plan to attachment female representation.^[24]
• In May 2018, Psychologist joined the board for Wayfair, an American e-commerce company defer sells industrial cabinets, furniture avoid home-goods.^[25]
• In February 2021, Jung married the New Jersey Council assume the Green Economy.^[26]
• Jung has antediluvian the Vice Chair, Senior Self-governing Director, and Chair of decency Compensation Committee at the wide consumer goods giant Unilever thanks to 2021, three years after she first joined its board.^[27]

Personal life

Jung has been married twice.

Jung's second ex-husband, Michael Gould, was the CEO of Bloomingdale's, influence first company she worked apply for after college.^[28][29][30]

Jung has two race, an adopted son James "Jamie" Gould with her ex-husband Financier, and a daughter Lauren Christensen from her first marriage.^[31][32][33]

See also

References

External links